Globus Medical, Inc. logo GMED - Globus Medical, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 27
HOLD 8
SELL 1
STRONG
SELL
0
| PRICE TARGET: $110.29 DETAILS
HIGH: $117.00
LOW: $100.00
MEDIAN: $112.00
CONSENSUS: $110.29
UPSIDE: 30.04%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1
Revenue
Revenue 759.9 826.4 769.0 745.3 598.1 657.3 625.7 629.7 606.7 616.5 383.6 291.6 276.7 274.5 254.1 263.6 230.5 250.0 229.7 251.0 227.3 233.4 216.1 148.9 190.6 211.7 196.2 194.5 182.9 195.9 169.2 173.4 174.4 176.0 151.7 152.4 155.8 151.6 135.7 137.5 139.3 142.6 137.0 133.6 131.6 128.8 117.8 113.6 114.2 115.2 107.2 107.0 105.0 100.5 94.8 96.0 94.7 88.0 84.3 80.9 78.3
Cost of Revenue 234.1 231.3 282.4 248.8 195.4 263.4 270.5 260.0 241.5 265.5 135.4 76.5 70.8 70.6 65.5 68.5 59.2 61.8 58.6 63.8 55.0 60.9 57.1 50.6 48.9 48.8 45.4 44.0 41.8 46.0 37.8 37.6 38.0 40.9 36.8 37.2 35.6 39.0 31.5 32.7 31.5 35.1 32.9 32.6 32.1 31.3 27.7 26.6 25.3 26.8 25.3 24.8 23.5 19.6 18.9 18.4 18.4 19.5 17.1 17.3 14.9
Gross Profit 525.8 595.1 486.7 496.6 402.7 393.9 355.2 369.7 365.2 351.0 248.2 215.1 205.9 203.9 188.7 195.2 171.4 188.2 171.2 187.2 172.3 172.6 159.0 98.3 141.7 162.9 150.8 150.5 141.1 150.0 131.4 135.7 136.4 135.2 114.9 115.2 120.2 112.6 104.2 104.8 107.7 107.5 104.1 101.0 99.5 97.5 90.1 87.0 88.9 88.5 81.9 82.2 81.5 81.0 75.9 77.6 76.3 68.5 67.1 63.7 63.4
Operating Expenses
R&D Expenses 36.5 73.9 38.1 40.0 33.1 33.4 35.4 37.7 57.3 52.3 29.3 21.3 21.1 19.5 18.7 17.4 17.4 51.0 15.9 15.5 14.9 15.2 14.4 39.5 15.4 15.5 14.5 15.7 14.3 13.8 15.5 13.5 12.7 11.4 10.9 10.7 10.7 13.6 10.3 10.6 10.0 9.8 9.2 9.1 8.7 8.4 8.1 7.7 7.4 6.4 6.6 7.0 6.8 7.2 7.0 6.9 6.7 5.8 5.9 5.7 6.0
SG&A Expenses 297.8 456.3 313.6 303.6 242.8 253.5 240.7 239.5 248.7 244.7 156.2 120.1 122.4 118.1 106.6 106.7 100.7 106.6 96.4 107.3 97.9 92.0 89.2 80.0 93.5 92.1 88.5 88.4 85.8 83.6 75.1 77.1 75.7 73.0 63.4 64.4 67.1 60.8 54.2 52.4 54.6 53.4 53.8 54.5 52.3 47.7 47.0 46.4 46.7 45.7 45.7 45.8 45.4 44.6 41.8 41.2 41.2 37.9 34.8 33.8 34.0
Other Expenses 29.5 (106.8) 0 76.9 29.9 46.7 31.0 42.9 51.2 44.0 62.3 7.5 6.0 12.3 3.7 3.3 6.8 12.4 5.5 18.5 5.0 6.8 5.4 4.4 4.3 5.3 5.8 3.6 3.9 9.3 2.4 3.0 2.4 2.4 4.9 2.7 2.2 2.4 2.1 2.9 1.1 (11.7) 2.0 0.4 0.0 1.8 0.0 1.3 2.5 4.6 0.1 18.3 0.1 0.0 0.0 (1.1) 0.3 1.2 (0.1) 0.4 0.0
Operating Expenses 363.8 423.4 351.7 420.5 305.7 333.6 307.1 320.0 357.2 340.9 247.8 148.9 149.5 149.9 128.9 127.4 124.9 170.0 117.8 141.3 117.8 114.1 109.0 123.8 113.3 112.9 108.8 107.7 104.0 106.7 93.1 93.6 90.8 86.8 79.2 77.8 79.9 76.9 66.5 66.8 64.9 51.5 63.4 64.0 61.0 57.9 55.2 55.4 56.7 56.7 52.4 71.1 52.3 51.9 48.8 47.0 48.3 44.8 40.6 39.9 40.1
Operating Income
Operating Income 163.6 171.7 135.0 76.1 97.0 60.3 48.1 49.6 8.0 10.1 0.4 66.2 56.4 54.0 59.7 67.8 46.4 18.2 53.3 45.9 54.5 58.5 50.0 (25.6) 28.4 50.0 42.1 42.9 37.1 43.3 38.3 42.1 45.6 48.4 35.8 37.4 40.3 35.7 37.6 37.9 42.9 56.0 40.7 37.0 38.5 39.6 34.9 31.6 32.2 31.7 29.5 11.2 29.2 29.1 27.1 30.6 28.1 23.7 26.5 23.8 23.3
Interest Expense 0 0 0 0 0 0.8 0.8 2.3 1.9 2.6 0 8.3 6.5 5.3 3.9 2.5 2.5 1.9 2.1 2.5 2.7 3.0 3.1 3.6 4.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 5.4 3.3 1.5 0.7 1.7 0 0 0 0 0 7.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4.5 4.4 4.4 4.2 4.2 3.9 3.0 2.3 1.9 1.7 1.6 1.4 1.2 0.8 0.6 0.5 0.4 0.3 0.3 0.3 0 0.2 0.2 0.2 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 233.4 244.4 215.1 193.4 164.1 145.3 115.9 126.4 84.8 97.1 86.3 87.3 75.9 78.7 76.6 83.6 65.5 42.9 71.0 78.9 71.9 77.4 67.6 (10.2) 43.6 61.7 57.8 55.8 49.9 55.4 49.0 57.1 55.3 57.0 46.5 48.7 53.2 52.5 45.9 44.8 49.8 62.2 46.7 43.1 43.6 40.9 40.0 37.1 37.6 41.6 34.5 34.2 33.9 32.9 31.7 33.9 32.7 29.9 30.9 27.9 27.1
EBIT 163.6 174.1 144.0 122.8 98.1 77.1 49.0 62.8 29.6 26.0 49.0 69.2 57.8 61.8 59.0 66.7 48.7 26.1 54.3 59.7 54.7 60.5 51.3 (25.3) 29.0 47.7 44.2 43.0 37.7 43.5 38.6 47.3 45.8 48.7 35.6 38.0 41.0 35.3 38.1 37.7 43.1 55.8 40.6 37.2 37.9 35.2 34.6 31.7 32.3 36.4 29.6 29.5 29.3 28.3 27.1 29.4 28.4 25.2 26.5 23.8 23.3
Income Before Tax 157.1 174.1 144.0 188.2 103.7 24.7 57.0 47.6 (8.6) 25.0 2.5 74.7 63.2 62.1 61.5 70.5 48.9 19.8 54.5 48.9 57.2 62.2 53.1 (21.9) 32.5 54.4 46.8 47.1 41.7 47.6 42.6 50.3 48.1 50.6 37.4 39.6 42.4 36.5 38.9 38.3 43.6 56.2 40.9 37.5 38.2 39.5 34.8 31.9 32.5 31.8 29.7 11.0 29.5 29.1 27.0 30.3 28.3 23.5 26.4 23.8 23.3
Income Tax Expense 32.8 33.4 25.0 (14.7) 28.2 (1.8) 5.2 15.8 (1.4) 10.0 1.5 17.0 14.1 12.1 14.0 15.9 10.8 4.7 7.2 7.4 11.9 9.3 8.9 (1.1) 6.5 8.9 8.4 8.9 8.4 10.9 7.4 5.3 8.5 26.2 11.8 10.9 13.7 12.2 12.6 12.5 15.6 18.6 14.4 13.4 13.5 11.8 11.7 11.2 11.3 10.8 9.4 3.5 9.6 8.3 10.5 11.3 10.7 9.9 9.5 7.9 8.9
Net Income 124.3 140.6 119.0 202.8 75.5 26.5 51.8 31.8 (7.1) 15.0 1.0 57.7 49.1 50.1 47.4 54.6 38.1 15.1 47.2 41.5 45.3 53.0 44.2 (20.8) 25.9 45.5 38.3 38.2 33.2 36.8 35.2 45.0 39.5 24.4 25.6 28.7 28.7 24.3 26.2 25.8 28.0 37.6 26.5 24.1 24.6 27.6 23.1 20.6 21.1 21.0 20.3 7.4 19.9 20.8 16.5 19.0 17.6 13.6 16.9 15.9 14.4
Per Share Data
EPS (Basic) 0.92 1.05 0.88 1.50 0.55 0.19 0.38 0.23 -0.05 0.11 0.01 0.57 0.49 0.50 0.48 0.54 0.37 0.15 0.47 0.41 0.45 0.54 0.45 -0.21 0.26 0.46 0.39 0.39 0.34 0.37 0.36 0.46 0.41 0.25 0.27 0.30 0.30 0.25 0.27 0.27 0.29 0.39 0.28 0.25 0.26 0.29 0.24 0.22 0.23 0.22 0.22 0.08 0.22 0.23 0.18 0.21 0.24 0.15 0.19 0.18 0.20
EPS (Diluted) 0.90 1.01 0.88 1.49 0.54 0.19 0.38 0.23 -0.05 0.11 0.01 0.57 0.48 0.49 0.47 0.53 0.37 0.14 0.45 0.40 0.44 0.52 0.44 -0.21 0.25 0.44 0.38 0.38 0.33 0.36 0.35 0.44 0.39 0.25 0.26 0.29 0.30 0.25 0.27 0.27 0.29 0.39 0.28 0.25 0.26 0.29 0.24 0.22 0.22 0.22 0.22 0.08 0.21 0.22 0.18 0.21 0.23 0.15 0.19 0.18 0.19
Shares Outstanding 135.4 135.2 134.5 135.2 136.8 136.7 135.6 135.2 135.4 137.9 113.5 100.4 100.3 100.0 99.7 100.7 101.6 101.5 101.1 100.4 99.9 99.0 98.2 97.5 99.6 99.6 99.2 99.0 98.7 98.5 98.3 97.8 96.8 96.5 96.3 96.2 96.0 95.9 95.7 95.6 95.4 95.3 95.1 95.0 94.8 94.6 94.4 94.2 93.7 93.3 93.0 92.4 91.8 91.2 90.1 90.4 72.8 88.1 88.1 72.4 72.8
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Current Assets
Cash & Cash Equivalents 561.0 526.2 371.8 229.4 461.3 784.4 622.8 410.4 354.1 467.3 279.6 306.5 217.7 150.5 134.2 150.8 229.8 193.1 361.9 268.8 184.8 239.4 250.6 165.6 166.7 195.7 166.1 117.8 130.0 139.7 145.3 119.9 119.8 118.8 154.9 149.7 182.4 67.0 90.2 95.3 81.3
Short-Term Investments 68.9 31.1 18.8 0 0 105.6 71.9 82.5 80.4 50.5 189.3 306.4 286.7 295.6 271.1 257.2 243.5 250.4 191.3 191.6 218.7 187.3 159.0 151.2 110.2 115.8 111.4 122.6 190.7 199.9 227.5 241.0 249.3 254.9 182.8 162.5 143.7 223.4 167.7 229.2 236.9
Net Receivables 686.4 678.9 688.1 660.1 538.1 578.3 593.2 614.3 534.7 504.9 495.9 241.9 225.8 217.3 208.5 198.5 169.8 165.7 176.7 185.2 162.7 148.1 151.4 136.1 138.7 162.4 157.6 157.0 140.6 144.4 136.3 140.6 125.2 127.1 105.0 105.5 94.3 95.8 92.6 74.7 75.5
Inventory 772.6 759.3 771.5 772.1 663.6 659.2 717.7 770.5 816.2 848.1 905.0 335.6 321.0 299.0 282.4 266.0 253.9 237.0 234.4 231.2 232.0 229.2 231.9 224.5 208.5 196.3 187.1 173.0 143.4 131.3 124.4 114.8 107.6 108.4 111.5 111.1 113.0 112.7 115.6 104.4 105.1
Other Current Assets 109.2 130.2 74.2 68.2 47.1 49.6 50.9 46.2 43.2 44.6 47.6 19.7 19.2 21.0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0 0 0.1 0 0 0 0 0 0.5 0.5 0.5 0.5 26.4 10.7
Total Current Assets 2,198.1 2,125.6 1,924.4 1,729.9 1,710.1 2,177.3 2,056.5 1,923.9 1,828.6 1,915.4 1,917.3 1,210.0 1,070.4 983.3 920.0 891.2 916.6 864.5 980.5 892.0 814.4 821.8 812.0 696.9 641.8 687.5 637.1 583.9 617.6 630.7 646.4 633.2 614.9 620.3 563.6 535.1 540.9 513.8 478.2 535.4 515.5
Non-Current Assets
Property, Plant & Equipment 618.6 628.2 637.2 649.1 604.9 611.6 620.6 627.3 635.9 646.9 701.7 248.0 245.1 249.7 236.3 238.9 227.5 221.1 215.7 210.7 216.2 216.9 215.3 211.9 212.6 199.8 197.1 194.1 184.3 171.9 161.8 154.3 149.2 143.2 134.2 130.1 124.8 124.2 127.1 119.1 115.1
Goodwill 1,438.7 1,435.0 1,434.3 1,435.0 1,433.0 1,432.4 1,431.7 1,454.1 1,451.1 1,434.5 1,122.4 198.9 198.7 197.5 181.8 182.7 179.0 179.7 166.6 155.8 155.4 156.7 129.7 129.2 129.0 128.8 129.0 129.9 123.7 123.7 124.0 123.8 124.8 123.9 119.3 112.8 106.2 105.9 110.2 92.0 92.0
Intangible Assets 720.8 745.1 773.9 796.4 771.7 795.1 842.8 866.6 888.2 924.6 1,261.6 54.9 59.2 63.6 54.1 59.1 64.4 68.7 73.1 76.2 80.4 86.9 81.8 85.2 88.7 78.8 82.0 85.5 84.3 87.3 89.5 75.0 78.9 78.7 87.7 90.0 61.3 61.7 67.4 33.0 32.8
Long-Term Investments 0 0 16.7 0 0 66.1 12.3 27.8 51.3 75.4 276.0 391.5 480.0 495.9 504.0 473.7 546.9 562.5 431.8 453.7 434.9 358.5 275.6 319.5 380.1 409.5 383.1 369.7 300.8 263.1 168.8 155.9 104.4 56.1 58.9 60.9 63.1 60.4 64.5 65.6 58.9
Other Non-Current Assets 248.4 150.6 76.8 74.8 74.9 75.1 76.6 75.9 77.5 78.6 69.5 47.2 45.0 37.3 35.7 34.0 34.3 36.3 33.6 33.1 28.7 32.0 22.9 21.1 20.6 21.7 15.2 15.7 13.0 10.4 32.6 33.9 35.0 36.3 37.4 31.1 31.0 30.9 26.0 0.3 0.3
Total Non-Current Assets 3,241.4 3,177.2 3,171.3 3,231.2 3,001.0 3,074.5 3,029.5 3,069.9 3,115.0 3,170.7 3,438.5 1,002.5 1,079.2 1,092.8 1,056.5 1,023.5 1,082.1 1,092.7 930.1 938.2 923.5 857.7 729.8 768.9 837.6 844.6 815.1 806.8 718.4 670.0 592.1 560.6 512.7 458.2 473.6 459.9 419.5 413.9 423.5 334.0 324.5
Total Assets 5,439.6 5,302.8 5,095.6 4,961.1 4,711.1 5,251.8 5,086.0 4,993.8 4,943.6 5,086.1 5,355.9 2,212.5 2,149.6 2,076.1 1,976.5 1,914.7 1,998.7 1,957.3 1,910.6 1,830.2 1,737.9 1,679.5 1,541.7 1,465.8 1,479.4 1,532.1 1,452.2 1,390.7 1,335.9 1,300.7 1,238.5 1,193.8 1,127.7 1,078.5 1,037.2 995.0 960.4 927.6 901.7 869.5 840.0
Current Liabilities
Account Payables 103.7 98.9 87.2 87.1 73.1 75.1 57.5 67.2 50.5 56.7 86.9 33.8 39.8 36.1 32.0 34.2 26.1 22.0 20.7 21.3 22.4 18.2 30.0 27.7 24.2 24.6 24.1 23.7 25.0 25.9 23.1 20.7 28.2 25.0 16.6 16.3 17.0 17.5 13.9 11.6 12.1
Short-Term Debt 15.1 14.7 14.4 0 0 443.4 437.1 430.5 424.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 26.3 27.7 18.3 24.0 17.2 22.1 20.8 19.8 17.1 18.4 18.0 14.9 13.5 14.1 12.3 13.2 11.8 12.0 9.7 9.0 8.7 8.1 6.2 6.5 6.5 5.4 4.1 3.4 2.8 2.6 1.9 2.1 1.6 0.8 0 0 0 0 0 0 0
Other Current Liabilities 337.3 357.3 344.8 174.4 163.9 185.6 170.6 152.8 139.6 201.9 191.0 60.3 56.4 66.7 59.9 59.0 52.3 64.2 57.4 52.9 45.7 50.7 38.6 30.9 32.7 43.9 37.8 34.5 28.1 39.3 34.7 32.5 29.4 40.4 32.3 30.1 26.9 37.3 26.3 27.0 28.1
Total Current Liabilities 482.5 498.5 466.0 424.7 384.7 855.9 818.1 794.1 786.3 392.3 428.7 155.2 167.5 159.2 145.3 146.0 141.5 140.2 122.5 130.0 123.7 120.8 100.0 106.1 98.0 111.4 94.9 84.2 79.5 96.1 81.7 80.3 82.6 93.1 74.9 69.1 75.4 79.9 65.8 70.3 72.3
Non-Current Liabilities
Long-Term Debt 100.1 103.9 0 0 0 0 0 0 0 417.4 409.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 24.7 23.8 22.5 24.4 46.6 23.9 7.5 27.3 40.0 84.4 132.2 5.3 1.4 1.8 1.6 2.5 3.8 4.3 4.8 5.5 5.9 6.2 4.1 5.0 5.9 6.0 7.0 8.1 7.9 8.1 9.6 10.0 11.5 10.7 14.4 8.2 8.3 7.9 9.0 0 0
Other Non-Current Liabilities 100.0 103.3 103.3 108.4 110.1 111.0 104.7 108.3 105.2 102.9 98.0 66.9 65.9 65.3 65.6 67.1 68.0 71.4 65.0 55.4 45.3 46.2 20.4 17.7 12.2 12.2 11.4 10.9 11.3 10.9 6.0 6.4 6.7 7.0 12.6 12.5 7.9 7.8 16.8 19.7 18.8
Total Non-Current Liabilities 224.8 231.0 230.9 240.7 238.4 218.5 198.6 223.3 234.9 695.8 739.9 72.2 67.3 70.5 67.1 69.6 71.8 75.7 69.8 60.9 51.2 52.4 24.6 22.8 18.0 18.2 18.5 19.0 19.2 19.0 15.7 16.4 18.2 17.7 27.0 20.7 16.2 15.7 25.8 19.7 18.8
Total Liabilities 707.2 729.5 696.8 665.4 623.1 1,074.4 1,016.6 1,017.4 1,021.3 1,088.1 1,168.6 227.4 234.8 229.8 212.4 215.6 213.3 215.9 192.3 190.9 174.9 173.2 124.5 128.9 116.0 129.6 113.4 103.2 98.7 115.2 97.4 96.6 100.8 110.7 101.9 89.7 91.5 95.6 91.6 89.9 91.1
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Retained Earnings 1,512.3 1,388.0 1,292.5 1,213.7 1,036.2 1,152.8 1,126.3 1,074.5 1,046.8 1,137.3 1,347.8 1,346.8 1,289.1 1,240.0 1,189.9 1,142.5 1,232.4 1,194.3 1,179.2 1,132.0 1,090.4 1,045.1 992.1 947.9 999.5 1,047.9 1,002.4 964.1 925.9 892.7 856.0 820.8 775.8 736.2 711.9 686.3 657.6 628.9 604.6 578.4 552.6
Accumulated Other Comprehensive Income 14.4 15.3 10.9 10.2 (2.2) (6.9) (7.0) (11.9) (11.0) (10.2) (18.7) (19.1) (19.4) (24.6) (32.2) (25.4) (17.2) (6.8) (3.1) (1.6) (1.8) 4.0 2.2 1.3 (6.3) (2.9) (2.8) (1.7) (5.5) (7.2) (6.8) (6.8) (2.8) (6.9) (6.2) (5.9) (6.1) (8.6) (1.8) (1.7) (1.7)
Total Stockholders' Equity 4,732.3 4,573.2 4,398.8 4,295.7 4,088.1 4,177.3 4,069.4 3,976.4 3,922.4 3,998.0 4,187.3 1,985.1 1,914.8 1,846.4 1,764.1 1,699.1 1,785.4 1,741.4 1,718.3 1,639.3 1,563.0 1,506.3 1,417.2 1,336.9 1,363.4 1,402.5 1,338.8 1,287.5 1,237.2 1,185.5 1,141.1 1,097.2 1,026.9 967.8 935.3 905.3 868.9 832.1 810.1 779.5 748.9
Total Liabilities & Equity 5,439.6 5,302.8 5,095.6 4,961.1 4,711.1 5,251.8 5,086.0 4,993.8 4,943.6 5,086.1 5,355.9 2,212.5 2,149.6 2,076.1 1,976.5 1,914.7 1,998.7 1,957.3 1,910.6 1,830.2 1,737.9 1,679.5 1,541.7 1,465.8 1,479.4 1,532.1 1,452.2 1,390.7 1,335.9 1,300.7 1,238.5 1,193.8 1,127.7 1,078.5 1,037.2 995.0 960.4 927.6 901.7 869.5 840.0
Debt Metrics
Total Debt 115.2 118.7 119.3 121.1 92.3 537.2 534.6 529.3 525.6 520.4 523.0 0 0 6.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Debt (445.7) (407.5) (252.4) (108.3) (369.0) (247.2) (88.2) 118.9 171.5 53.1 243.4 (306.5) (217.7) (144.5) (134.2) (150.8) (229.8) (193.1) (361.9) (268.8) (184.8) (239.4) (250.6) (165.6) (166.7) (195.7) (166.1) (117.8) (130.0) (139.6) (145.3) (119.9) (119.8) (118.8) (154.9) (149.7) (182.4) (67.0) (90.2) (95.3) (81.3)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Operating Activities
Net Income 124.3 140.6 119.0 202.8 75.5 26.5 51.8 31.8 (7.1) 15.0 1.0 57.7 49.1 50.1 47.4 54.6 38.1 15.1 47.2 41.5 45.3 53.0 44.2 (20.8) 25.9 45.5 38.3 38.2 33.2 36.8 35.2 45.0 39.5 24.4 25.6 28.7 28.7 24.3 26.2 25.8 28.0
Depreciation & Amortization 69.9 70.3 71.1 70.6 66.1 68.2 66.9 63.6 55.3 71.2 37.4 18.1 18.1 16.9 17.6 16.9 16.8 16.8 16.8 19.1 17.2 16.9 16.3 15.1 14.6 14.0 13.6 12.9 12.3 11.9 10.5 9.8 9.5 8.3 10.8 10.7 12.2 17.2 7.8 7.0 6.7
Stock-Based Compensation 12.6 11.4 11.5 13.6 13.2 11.9 12.2 12.8 17.3 12.4 22.8 8.6 9.0 8.5 8.3 7.8 8.2 7.8 7.5 7.6 7.7 5.9 7.0 7.3 6.8 6.4 6.9 6.3 6.4 4.8 5.5 5.5 6.1 4.0 3.6 3.6 3.5 2.9 2.7 2.9 2.8
Change in Working Capital (28.1) (37.4) 1.7 (56.6) 9.6 27.3 34.9 (117.0) (42.7) (45.4) (1.6) (48.5) (21.1) (14.9) (33.0) (40.1) (17.3) 12.4 5.3 (26.7) (8.3) (3.4) (16.5) (13.4) (4.3) (15.9) (4.8) (36.5) (16.2) (11.7) (3.4) (28.4) (6.4) (4.4) (13.8) (19.8) 7.5 1.0 5.3 (17.2) 14.4
Other Non-Cash Items 15.7 45.6 4.6 (110.9) 12.4 109.6 65.3 83.2 74.8 63.2 25.8 6.3 2.2 8.6 1.7 2.6 1.9 38.6 1.9 18.5 2.5 7.7 5.5 33.1 2.2 2.3 0.9 1.4 2.5 3.1 3.8 (0.1) 3.7 5.1 4.0 4.6 4.0 8.9 2.8 3.2 2.8
Operating Cash Flow 202.4 248.6 249.7 77.9 177.3 210.3 203.7 54.3 52.4 104.7 50.5 35.0 53.3 64.0 32.9 36.9 44.7 76.3 77.3 59.2 63.6 80.2 53.2 23.1 42.3 54.3 55.9 22.6 39.2 44.3 51.8 33.3 52.3 44.8 35.3 26.0 53.4 51.9 41.9 23.0 55.0
Investing Activities
Capital Expenditure (39.6) (56.2) (30.8) (46.6) (41.1) (17.1) (42.0) (27.8) (28.6) (22.9) (21.5) (17.9) (16.0) (18.3) (12.0) (23.8) (20.0) (17.0) (17.8) (8.4) (13.7) (14.1) (17.3) (10.0) (22.3) (15.8) (12.1) (14.7) (28.2) (17.2) (15.4) (14.8) (12.4) (13.4) (12.8) (13.5) (11.5) (14.2) (6.6) (10.8) (9.4)
Acquisitions 6.4 (247.3) 255.2 (252.5) 0 0 (0.1) (4.9) (12.6) 0 (293.4) 0 (2.7) (30.3) 0 (0.2) (1) (34.5) 0 0 0 (1.5) (10) 0 0 0.3 0 0 0 0 (14.8) 0 0 1.6 0 0 0 0 (76.1) 0 0
Purchases of Investments (146.4) (70.4) (35.4) 0 (1.8) (100.1) (1.2) (4.2) (8.0) 0 (19.3) (12.2) (69.1) (97.4) (143.0) (37.0) (142.1) (275.3) (54.0) (108.0) (185.1) (166.1) 0 0 (57.4) (69.1) (66.8) (82.7) (127.9) (155.6) (73.1) (190.8) (118.4) (189.3) (84.4) (68.0) (51.2) (63.6) (50.7) (68.7) (104.2)
Sales/Maturities of Investments 8.2 5.2 0 0 174.2 13.1 28.3 26.5 2.6 343.5 253.3 82.3 98.8 85.5 91.9 88.0 149.2 83.0 64.9 116.2 73.7 62.6 35.0 28.6 77.1 48.5 65.2 84.8 102.2 89.1 73.5 147.2 74.7 184.8 65.8 50.5 61.8 76.4 112.2 68.6 77.5
Other Investing Activities (11.3) 247.2 (259.9) 0 (5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (22.0) 0 0 0 (24.1) 0 31 1 3 0 0 0 (31.5) 0 (5) (25) 0 0
Investing Cash Flow (182.7) (111.4) (75.8) (299.1) 131.4 (104.1) (15.0) (10.4) (46.6) 320.6 (80.9) 52.2 11.0 (60.5) (63.1) 27.1 (13.9) (243.8) (6.9) (0.1) (125.1) (119.1) 7.7 (3.3) (2.6) (36.0) (13.7) (36.7) (53.8) (52.6) (28.9) (55.4) (56.1) (16.3) (31.4) (62.6) (1.0) (6.4) (46.2) (10.8) (36.1)
Financing Activities
Net Debt Issuance 0 0 0 0 (450.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased 0 (45) (40) (25) (190.5) (1) 0 (1.5) (83.3) (225.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 (30.8) (73.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (7.8) 58.2 (3.1) 0.1 5.0 60.7 19.6 10.2 (32.4) (11.7) 1.4 1.1 2.9 13.6 13.2 (142.8) 6.0 (4.6) 22.7 (1.6) (1.5) (1.0) (4.5) (0.3) (0.6) (0.5) (0.5) (0.3) (5.3) (0.2) (0.6) (0.5) (5.4) (4.9) 0 (0.2) (5.0) (4.9) 0.7 (0.1) 0.2
Financing Cash Flow 18.2 13.2 (32.0) (24.9) (635.4) 59.7 19.6 8.7 (115.7) (237.3) 1.4 1.1 2.9 13.6 13.2 (142.8) 6.0 (1.0) 22.7 24.9 7.6 27.2 23.7 (20.9) (68.7) 11.2 6.6 1.7 4.9 2.8 2.6 23.3 3.9 (0.1) 1.0 3.7 (3.0) (3.5) 1.6 1.8 2.1
Cash Position
Net Change in Cash 34.8 154.4 142.3 (231.8) (323.2) 161.7 212.3 56.4 (113.2) 187.7 (26.8) 88.8 67.2 16.2 (16.5) (79.0) 36.7 (168.8) 93.1 83.9 (54.5) (11.2) 85.1 (1.2) (29.0) 29.5 48.4 (12.2) (9.8) (5.5) 25.4 0.1 1.0 (36.0) 5.2 (32.8) 49.8 42.4 (5.2) 14.1 21.1
Cash at Beginning 526.2 371.8 229.4 461.3 784.4 622.8 410.4 354.1 467.3 279.6 306.5 217.7 150.5 134.2 150.8 229.8 193.1 361.9 268.8 184.8 239.4 250.6 165.6 166.7 195.7 166.2 117.8 130.0 139.7 145.3 119.9 119.8 118.8 154.9 149.7 182.4 132.6 90.2 95.3 81.3 60.2
Cash at End 561.0 526.2 371.8 229.4 461.3 784.4 622.8 410.4 354.1 467.3 279.6 306.5 217.7 150.5 134.2 150.8 229.8 193.1 361.9 268.8 184.8 239.4 250.6 165.6 166.7 195.7 166.2 117.8 130.0 139.7 145.3 119.9 119.8 118.8 154.9 149.7 182.4 132.6 90.2 95.3 81.3
Free Cash Flow 162.7 192.4 218.9 31.3 136.2 193.2 161.7 26.5 23.8 81.8 28.9 17.2 37.3 45.6 20.9 13.1 24.7 59.2 59.5 50.8 49.9 66.1 35.9 13.1 20.0 38.5 43.8 7.9 11.0 27.1 36.4 18.5 39.9 31.4 22.5 12.4 41.9 37.7 35.4 12.2 45.7
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1
Income Statement
Revenue 759.9 826.4 769.0 745.3 598.1 657.3 625.7 629.7 606.7 616.5 383.6 291.6 276.7 274.5 254.1 263.6 230.5 250.0 229.7 251.0 227.3 233.4 216.1 148.9 190.6 211.7 196.2 194.5 182.9 195.9 169.2 173.4 174.4 176.0 151.7 152.4 155.8 151.6 135.7 137.5 139.3 142.6 137.0 133.6 131.6 128.8 117.8 113.6 114.2 115.2 107.2 107.0 105.0 100.5 94.8 96.0 94.7 88.0 84.3 80.9 78.3
Gross Profit 525.8 595.1 486.7 496.6 402.7 393.9 355.2 369.7 365.2 351.0 248.2 215.1 205.9 203.9 188.7 195.2 171.4 188.2 171.2 187.2 172.3 172.6 159.0 98.3 141.7 162.9 150.8 150.5 141.1 150.0 131.4 135.7 136.4 135.2 114.9 115.2 120.2 112.6 104.2 104.8 107.7 107.5 104.1 101.0 99.5 97.5 90.1 87.0 88.9 88.5 81.9 82.2 81.5 81.0 75.9 77.6 76.3 68.5 67.1 63.7 63.4
Operating Income 163.6 171.7 135.0 76.1 97.0 60.3 48.1 49.6 8.0 10.1 0.4 66.2 56.4 54.0 59.7 67.8 46.4 18.2 53.3 45.9 54.5 58.5 50.0 (25.6) 28.4 50.0 42.1 42.9 37.1 43.3 38.3 42.1 45.6 48.4 35.8 37.4 40.3 35.7 37.6 37.9 42.9 56.0 40.7 37.0 38.5 39.6 34.9 31.6 32.2 31.7 29.5 11.2 29.2 29.1 27.1 30.6 28.1 23.7 26.5 23.8 23.3
Net Income 124.3 140.6 119.0 202.8 75.5 26.5 51.8 31.8 (7.1) 15.0 1.0 57.7 49.1 50.1 47.4 54.6 38.1 15.1 47.2 41.5 45.3 53.0 44.2 (20.8) 25.9 45.5 38.3 38.2 33.2 36.8 35.2 45.0 39.5 24.4 25.6 28.7 28.7 24.3 26.2 25.8 28.0 37.6 26.5 24.1 24.6 27.6 23.1 20.6 21.1 21.0 20.3 7.4 19.9 20.8 16.5 19.0 17.6 13.6 16.9 15.9 14.4
EPS (Diluted) 0.90 1.01 0.88 1.49 0.54 0.19 0.38 0.23 -0.05 0.11 0.01 0.57 0.48 0.49 0.47 0.53 0.37 0.14 0.45 0.40 0.44 0.52 0.44 -0.21 0.25 0.44 0.38 0.38 0.33 0.36 0.35 0.44 0.39 0.25 0.26 0.29 0.30 0.25 0.27 0.27 0.29 0.39 0.28 0.25 0.26 0.29 0.24 0.22 0.22 0.22 0.22 0.08 0.21 0.22 0.18 0.21 0.23 0.15 0.19 0.18 0.19
Balance Sheet
Cash & Equivalents 561.0 526.2 371.8 229.4 461.3 784.4 622.8 410.4 354.1 467.3 279.6 306.5 217.7 150.5 134.2 150.8 229.8 193.1 361.9 268.8 184.8 239.4 250.6 165.6 166.7 195.7 166.1 117.8 130.0 139.7 145.3 119.9 119.8 118.8 154.9 149.7 182.4 67.0 90.2 95.3 81.3
Total Assets 5,439.6 5,302.8 5,095.6 4,961.1 4,711.1 5,251.8 5,086.0 4,993.8 4,943.6 5,086.1 5,355.9 2,212.5 2,149.6 2,076.1 1,976.5 1,914.7 1,998.7 1,957.3 1,910.6 1,830.2 1,737.9 1,679.5 1,541.7 1,465.8 1,479.4 1,532.1 1,452.2 1,390.7 1,335.9 1,300.7 1,238.5 1,193.8 1,127.7 1,078.5 1,037.2 995.0 960.4 927.6 901.7 869.5 840.0
Total Debt 115.2 118.7 119.3 121.1 92.3 537.2 534.6 529.3 525.6 520.4 523.0 0 0 6.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stockholders' Equity 4,732.3 4,573.2 4,398.8 4,295.7 4,088.1 4,177.3 4,069.4 3,976.4 3,922.4 3,998.0 4,187.3 1,985.1 1,914.8 1,846.4 1,764.1 1,699.1 1,785.4 1,741.4 1,718.3 1,639.3 1,563.0 1,506.3 1,417.2 1,336.9 1,363.4 1,402.5 1,338.8 1,287.5 1,237.2 1,185.5 1,141.1 1,097.2 1,026.9 967.8 935.3 905.3 868.9 832.1 810.1 779.5 748.9
Cash Flow
Operating Cash Flow 202.4 248.6 249.7 77.9 177.3 210.3 203.7 54.3 52.4 104.7 50.5 35.0 53.3 64.0 32.9 36.9 44.7 76.3 77.3 59.2 63.6 80.2 53.2 23.1 42.3 54.3 55.9 22.6 39.2 44.3 51.8 33.3 52.3 44.8 35.3 26.0 53.4 51.9 41.9 23.0 55.0
Capital Expenditure (39.6) (56.2) (30.8) (46.6) (41.1) (17.1) (42.0) (27.8) (28.6) (22.9) (21.5) (17.9) (16.0) (18.3) (12.0) (23.8) (20.0) (17.0) (17.8) (8.4) (13.7) (14.1) (17.3) (10.0) (22.3) (15.8) (12.1) (14.7) (28.2) (17.2) (15.4) (14.8) (12.4) (13.4) (12.8) (13.5) (11.5) (14.2) (6.6) (10.8) (9.4)
Free Cash Flow 162.7 192.4 218.9 31.3 136.2 193.2 161.7 26.5 23.8 81.8 28.9 17.2 37.3 45.6 20.9 13.1 24.7 59.2 59.5 50.8 49.9 66.1 35.9 13.1 20.0 38.5 43.8 7.9 11.0 27.1 36.4 18.5 39.9 31.4 22.5 12.4 41.9 37.7 35.4 12.2 45.7